Featured News

GUTS smashes own blockchain sales record

Dutch blockchain ticketing company GUTS Tickets has broken its own 2018 record by selling 50,000 tickets in two hours.

The company shifted 50,000 passes in three hours in September 2018 for comedian Jochem Myjer’s 36-night run at Amsterdam’s Royal Theatre Carre.

GUTS has now smashed that record by selling the same number of tickets in one hour less, which is a 33 per cent time improvement.

The record, again for Myjer’s shows, garnered 118,000 unique users on the platform, making the GUTS Tickets app the most popular free app on the Google Play Store in the Netherlands.

The sale included several venues scattered throughout the country. Users in the online queue were able to highlight their preferred venue and see, in real time, the probability of receiving tickets for that venue.

GUTS uses the GET Protocol, a “fraud- and scalping-proof ecosystem”, which allows event organisers to track ticket sales via the blockchain. Its ‘smart tickets’ cannot be duplicated or sold for a different price than the one set by the organisers.

The Dutch blockchain-based ticketing firm said in a statement: “The doors are now open for more large-scale and international events, which will be the focus for the time to come.”

Image credit: Maiconfz via Pixabay